Question: Assume you can earn 6 . 5 % on your investments, you have ( $ 2 ) million in your retirement

Assume you can earn 6.5\% on your investments, you have \(\$ 2\) million in your retirement account, and you need to withdraw \$9,000 at the beginning of each month for your living expenses. If inflation is expected to be 4\%, how many years will your retirement account last for these withdrawals. Round your final answer to two decimal places.
41.95
Correct Answer: 24.46
CORRECT ANSWER IS 24.46, SHOW THE WORK TO EXPLAIN HOW THIS IS THE CORRECT ANSWER. DO NOT ALLOW ANY OTHER ANSWER TO BE CORRECT
Assume you can earn 6 . 5 \ % on your

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